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Government Funding Agreement Includes Renewal of Federal Empowerment Zone Credit

On Friday, February 9, 2018, President Trump signed legislation ending the government shutdown. The legislation includes a number of tax extenders and other tax provisions, including the extension of the Federal Empowerment Zone Job Credit through December 31, 2017. The Federal Empowerment Zone program allows for a credit of up to $3,000 per qualified employee and resident in a Federal Empowerment Zone.

Additional tax provisions are included in the bill and can be viewed here.